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knightmb
Everybody Lies
join:2003-12-01
Franklin, TN
 ·AT&T DSL Service
| reply to pnh102
Re: RIAA is a joke.
said by pnh102  :said by TCub :Recently Trent Reznor (Nine Inch Nails) showed that record labels and charging people for your shit music isn't necessary. He released two albums (Ghosts and The Slip) all on line, all for free to download. There's only one problem with this analysis. The fact is, Trent Reznor is now an established artist. 20+ years ago when he was not well known, he needed a label to promote him. While he might be able to earn a living without the need for a label, the fact remains that had he taken his approach when he was starting out, most likely no one would have ever heard of him or NiN. That is a good point, but you have to remember that the recording industry works like a bank. You borrow money, invest in music and advertising. If you succeed, you pay back the loan plus an insane amount of interest, anything left is yours to keep. A lot of bands/artist that don't succeed are left with massive amounts of debt until it is paid back.
So yeah, mega stars have a much better chance than an indie, but at least in today's world, the indie band won't be millions of dollars in debt trying to get the music out. 
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TCub
Premium
join:2008-09-03
Olmsted Falls, OH
clubs:
 ·Cox HSI
| thats the other thing to. how much money does it actually take to produce and get say a Kanye West album. I highly doubt they get that much money off of record sales alone. What really counts is the concert sales.
Think of it like this. A CD costs $15. The store takes a chunck of that, the record label takes a chunck, some goes to actually making the phyical copy of the disk and packaging and transporting, in the end the artist is left with very little. And even if you take 100% of the cost in, thats $15 per fan.
Now look at concerts. Tickets can cost what, at least $50 upwards, per fan. Obviously more people will buy a CD then goto a concert but still, the money adds up quickly and the artist gets more of it (in most cases) | |
My2Cents
@sbcglobal.net
| I am not trying to troll here, but you obviously don't know how the music business works. Everyone thinks that the artists will make their money back in ticket sales to concerts. While they do make money to tour (some even pay more than they get), the whole point behind a concert is to "PROMOTE THE SALES OF THE NEW ALBUM". Unless you are an indie band or been in the top 40 for more than 20 years, you do not make any PROFIT from the shows. Think of the money that gets shelled out for merch, gas, transportation, staff, lodging, food, repairs, and other hospitality items. I am going to stop myself from ranting but I'll finish with this..
BANDS DO NOT MAKE ENOUGH MONEY FROM TOURING, THEY DO RELY ON ALBUM SALES.
I love music too but I really hate hearing uninformed people making comments about how bands make money at concerts, they don't know what really goes on..
Pay no attention to the man behind the curtain! | |
TScheisskopf
World News Trust
join:2005-02-13
Belvidere, NJ
 ·Sprint Broadband D..
| reply to TCub
Your understanding of concert economics is flawed. The biggest driver of ticket costs, these days, is show insurance. The premiums for insurance for one show, in one venue, have climbed to the astronomical.They get even higher for bands that are perceived as having "unruly" fans or are "inciteful". Add to that all the other expenses that go into putting on a show(lots of trucks and busses need lots of expensive diesel fuel) and most bands are break-even on shows that take place in arenas and stadiums, when you look at the gate. Where they make their money is merchandising. A lot of cash money moves at the merchandising stalls for big bands, and even after the house and the merchandising contractor take their cut, the band makes a healthy sum, in a lot of cases the only profit they make on the road.
Also, the IRS has cracked down on bands for going out on the road for two years or more and hiring all their crew as contractors. It has been a dodge used on the road for years and the IRS has determined that it has been abused. So that means even more costs to the band.
But let me repeat myself: the single biggest driver for ticket costs is insurance.
And yes, I do know what I am talking about. | |
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